ZuluTrade

[Cornix]

not really,i rarely scalp and would be hard with the spreads they offer.They are much the same as any other broker really. They do have some seriously wide spreads sometimes at 10p ish before asian open

Strictly speaking, Zulutrade is not broker at all, but rather intermediate who makes signal providers, followers and brokers meet for a commission.

Still not sure how well it works in reality with live trades, in the process of creation of money manager account with the UK based broker for the case if ZT turns out not too good.

 

[Lord Flasheart]

just had an email about signalforex88. Great performance so far for 8 weeks

 

[wackypete2]

The biggest problem is any 10 year old kid can become an SP. Most of the SP's on there (and collective2, etc...) are not traders but similar to scam vendors selling the latest trick. I don't know how anyone can actually take any of the SP sites serious. They come across no better than a video game. If zulu were to make new SP put up a performance bond or some sort of escrow account that would eliminate the gamesters. If a zulu SP blows up his account then the bond could be distributed to the followers as an assurance that zulu backs up it's claim to be a signal provider site and not an X-box virtual casino.

Peter

 

[Cornix]

Got the new follower from Italy who uses Alpari UK which is good, cause I use it to send signals too and it allows to place orders as close as 2 pips from the market.

 

[Lord Flasheart]

The biggest problem is any 10 year old kid can become an SP. Most of the SP's on there (and collective2, etc...) are not traders but similar to scam vendors selling the latest trick. I don't know how anyone can actually take any of the SP sites serious. They come across no better than a video game. If zulu were to make new SP put up a performance bond or some sort of escrow account that would eliminate the gamesters. If a zulu SP blows up his account then the bond could be distributed to the followers as an assurance that zulu backs up it's claim to be a signal provider site and not an X-box virtual casino.

Peter

they do hold back commissions for those that have a losing month.Problem is wacky the followers create the problem by expecting you to win every trade without draw down.Its a gymic for sure as are most,if not all of the followers sites

 

[Cornix]

they do hold back commissions for those that have a losing month.Problem is wacky the followers create the problem by expecting you to win every trade without draw down.Its a gymic for sure as are most,if not all of the followers sites

Yea, like some of SP's recently mentioned... I took a look... 98% winning trades... no need for further analysis.

 

[Lord Flasheart]

Yea, like some of SP's recently mentioned... I took a look... 98% winning trades... no need for further analysis.

just like the one i pointed out yesterday.got a great record so far,but soon to bust

 

[Cornix]

just like the one i pointed out yesterday.got a great record so far,but soon to bust

Yup... When something looks too good to be true it most likely is.

 

[robbert]

just had an email about signalforex88. Great performance so far for 8 weeks

i also got this on my demos accounts. every week I've got a different one - it is for the new-comers in the system. 9 weeks performance is totally great but lets see in another 9 weeks from now.
i think the best traders we can see among the top 10...tha ranking really takes care of the mass and medium performers...

 

[Lord Flasheart]

i also got this on my demos accounts. every week I've got a different one - it is for the new-comers in the system. 9 weeks performance is totally great but lets see in another 9 weeks from now.
i think the best traders we can see among the top 10...tha ranking really takes care of the mass and medium performers...

it keeps changing.look at the ones in my demo account,they were flying along,i take them and am now 15% down on a 10k account using mini lots

 

[NVP]

interesting comments ....!

 

[robbert]

it keeps changing.look at the ones in my demo account,they were flying along,i take them and am now 15% down on a 10k account using mini lots

remind me pls who are you following again......? maybe it is about time to revise the traders

 

[hellrise]

What are your thoughts about this guy : for333? His performance is looking good lately and he managed to get on number 2 in the ranking.

 

[Cornix]

Classic situation occurred today. Last couple of days I had two small losses... Well, my subscriber quickly escaped today... lliterally in the next few minutes I took the best trade since system public release.

Just want to remind everyone who's about to follow me: I trade for REAL, not another BS with 99.999% winning trades. Please, if you follow me, EXPECT LOSSES TO HAPPEN. That's PERFECTLY NORMAL.

Sorry for many caps, but I really want to provide quality service, I am consistently profitable trader, but I cannot help if followers flee after 2 or 3 losses every time.

Hope you understand.

 

[Lord Flasheart]

What are your thoughts about this guy : for333? His performance is looking good lately and he managed to get on number 2 in the ranking.

he looks ok

 

[hellrise]

Classic situation occurred today. Last couple of days I had two small losses... Well, my subscriber quickly escaped today... lliterally in the next few minutes I took the best trade since system public release.

Just want to remind everyone who's about to follow me: I trade for REAL, not another BS with 99.999% winning trades. Please, if you follow me, EXPECT LOSSES TO HAPPEN. That's PERFECTLY NORMAL.

Sorry for many caps, but I really want to provide quality service, I am consistently profitable trader, but I cannot help if followers flee after 2 or 3 losses every time.

Hope you understand.

It needs some time before followers will trust you , dont worry, if you prove yourself with good and steady performance without gambling and trading irresponsibly you will have people following you in the future. It just takes some time.

 

[Cornix]

It needs some time before followers will trust you , dont worry, if you prove yourself with good and steady performance without gambling and trading irresponsibly you will have people following you in the future. It just takes some time.

Yes, I sure understand, I am just sorry for the follower who left with the loss when he could enjoy the profit now.

Probably followers should try providers with smaller size to not risk much, but test them for a couple dozens of trades at least to receive objective picture of provider's performance.

 

[NVP]

Classic situation occurred today. Last couple of days I had two small losses... Well, my subscriber quickly escaped today... lliterally in the next few minutes I took the best trade since system public release.

Just want to remind everyone who's about to follow me: I trade for REAL, not another BS with 99.999% winning trades. Please, if you follow me, EXPECT LOSSES TO HAPPEN. That's PERFECTLY NORMAL.

Sorry for many caps, but I really want to provide quality service, I am consistently profitable trader, but I cannot help if followers flee after 2 or 3 losses every time.

Hope you understand.

C

this is what I meant when I was talking about this particular business model needing to evolve more before this type of service can flourish........

but it is still the future of trading..and I am looking at a few business models myself to improve it
N

 

[Cornix]

Haha, yea, you were so right, NVP.

Well, I'll still work on improving it from provider's side.

 

[NVP]

Haha, yea, you were so right, NVP.

Well, I'll still work on improving it from provider's side.

hmmmm

seriously whene I free up some time i'm looking to pull a few members together to see if we can define a better model for this and then sell it into a Decent SP.....we will sh*t allover these Provider structured schemes

power to the people !

N